NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of an investigation of CenturyLink, Inc. (NYSE: CTL) concerning possible violations of federal securities laws.
On June 16, 2017, Bloomberg published an article entitled “CenturyLink Is Accused of Running a Wells Fargo-Like Scheme,” stating that a “former CenturyLink Inc. employee claims she was fired for blowing the whistle on the telecommunications company’s high-pressure sales culture that left customers paying millions of dollars for accounts they didn't request.” The article states that “she was fired days after notifying Chief Executive Officer Glen Post of the alleged scheme during a companywide question-and-answer session held on an internal message board.” On this news, shares of CenturyLink fell $1.23 per share or over 4.5% to close at $25.72 per share on June 16, 2017, damaging investors.
If you suffered a loss in CenturyLink and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/CTL-Info-Request-Form-168.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.